Investors are always looking for stocks that are poised to beat at earnings season and Visa Inc. (V) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Visa is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some ...

Wall Street analysts forecast that Visa (V) will report quarterly earnings of $2.33 per share in its upcoming release, pointing to a year-over-year increase of 6.9%. It is anticipated that revenues will amount to $8.5 billion, exhibiting an increase of 7.1% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections duri ...

Visa Inc. (V) is set to continue its earnings beat streak in the first quarter of fiscal 2024, the results for which are expected to be released on Jan 25, after the closing bell.What Do the Estimates Say?The Zacks Consensus Estimate for first-quarter fiscal 2024 earnings per share of $2.33 has remained stable over the past week. The estimate is indicative of a 6.9% increase from the year-ago reported figure. Visa beat earnings estimates in all the trailing four quarters, delivering an average surprise of 5 ...

Visa Canada will support the entrance of accelerator and venture capital (VC) firm Plug and Play into the Canadian FinTech market.This collaboration will enable Canadian FinTechs to access Visa’s global network; join exclusive, interactive events; and connect with new partners, the companies said in a Monday (Jan. 22) press release.“As a leader in digital payments, we work with FinTechs to shape the future of payments through strategic collaborations and product offerings that help push the boundaries of pa ...

In the last decade, shares of Visa (V 0.57%) have climbed by 375%. This gain exceeds both the S&P 500 and the Nasdaq Composite Index by a wide margin. Thanks to this remarkable past performance, investors might have their eyes on the company as a potential portfolio addition right now.If one takes the time to understand Visa, it's extremely easy to find compelling reasons to like this enterprise. But is now a good time to buy this massive card-payments business? Here's why I think that's a smart idea. Repor ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Visa has completed its previously announced acquisition of Pismo.With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together provide clients with core banking and card-issuer processing capabilities across all product types via cloud-native application programming interfaces (APIs), Visa said in a Tuesday (Jan. 16) press release.The Pismo platform will also enable Visa to provide financial institution clients with support and connectivity for emerg ...

The most recent trading session ended with Visa (V) standing at $265.24, reflecting a +0.41% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.37%. On the other hand, the Dow registered a loss of 0.62%, and the technology-centric Nasdaq decreased by 0.19%.The global payments processor's stock has climbed by 2.24% in the past month, exceeding the Business Services sector's loss of 0.06% and the S&P 500's gain of 1.56%.Analysts and investors ...

In the last 10 years, shares of Visa (V 0.05%) have climbed 377%. This performance is stellar, no doubt, and it exceeds what an investor would have achieved by putting money into an S&P 500 index fund.As of this writing, this credit card giant carries a market cap of $530 billion. But can it become a $1 trillion stock by the end of the decade?Here's what investors need to know about the probability of Visa basically doubling in value over the next roughly seven years.Visa is a dominant enterpriseContrary to ...

Visa (V 0.05%) finished 2023 with a 25% gain, which basically matched the performance of the broader S&P 500. However, the business probably flew under the radar because of all the attention that went to technology and artificial intelligence (AI)-focused companies. I think it's time to turn our attention back to this business. Should investors buy this top financial stock hand over fist in 2024? Here are three reasons why this could be the smartest move you make this year, as well as one final factor to co ...